One Capital Management LLC trimmed its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 85.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 28,882 shares of the exchange traded fund’s stock after selling 173,419 shares during the period. One Capital Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,872,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KRE. Aventura Private Wealth LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth about $26,000. Accent Capital Management LLC lifted its holdings in shares of SPDR S&P Regional Banking ETF by 100.0% during the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 300 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter worth about $63,000. Assetmark Inc. lifted its holdings in shares of SPDR S&P Regional Banking ETF by 207.0% during the 4th quarter. Assetmark Inc. now owns 1,059 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 714 shares during the period. Finally, Elyxium Wealth LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth about $70,000.
SPDR S&P Regional Banking ETF Price Performance
Shares of KRE stock opened at $69.54 on Wednesday. The firm has a market cap of $4.18 billion, a P/E ratio of 12.39 and a beta of 0.86. SPDR S&P Regional Banking ETF has a 1-year low of $55.55 and a 1-year high of $74.08. The firm’s 50-day simple moving average is $68.10 and its 200-day simple moving average is $67.14.
SPDR S&P Regional Banking ETF Profile
SPDR KBW Regional Banking ETF, formerly SPDR S&P Regional Banking ETF, seeks to closely match the returns and characteristics of the S&P Regional Banks Select Industry Index. Its approach is designed to provide portfolios with low portfolio turnover, tracking, and lower costs. As of October 27, 2011, the Company’s holding included Privatebancorp Inc, Webster Finl Corp Conn, Umpqua Hldgs Corp, Firstmerit Corp, East West Bancorp Inc, Fifth Third Bancorp, Fnb Corp Pa, Susquehanna Bancshares Inc and Keycorp New and First Rep Bk San Fran Cali.
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